High-End Office & Warehouse
2645 W Cheyenne Ave, North Las Vegas, NV 89032
Two-story office and warehouse in Cheyenne West Corporate Center.
Type:Office
Property size:
8,907 SFPrice / SF:
$246/SF- Added:
- Jan 26, 2026
- Days on Market:
- 111
- Last Refresh:
- Apr 5 at 8:40 pm
Property Features for 2645 W Cheyenne Ave
General Information
- Standard status
- Active
- Size
- 8,907 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing agent Jarrad Katz, SIOR, CCIM License #NV #B.0145888.LLC (702) 388-1800
Listing office (702) 388-1800
Listing date Jan 26, 2026
Source Corfac
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Jarrad Katz, SIOR, CCIM
HighLights
- High‑end, two‑story office and warehouse with ±6,242 SF of ultramodern office space.
- Convenient location in Cheyenne West Corporate Center with easy freeway access.
- Substantial power supply: 800 amps • 120/208 volt • 3‑phase.
- Warehouse space of ±2,440 SF with one grade‑level door and ±18’ clear height.
- Ample parking with 17 surface stalls, including 7 covered spaces.
- Features a reception area, conference room, break room, 5 private offices, and 5 restrooms.
Overview
Located in North Las Vegas within the Cheyenne West Corporate Center, the property at 2645 W. Cheyenne Avenue presents an owner-user opportunity. Constructed in 2004 and remodeled in 2017, this 8,907 square foot building features a two-story office area and a warehouse. The office space, totaling approximately 6,242 square feet, includes a lobby and reception area, five private offices, a conference room or large office, a break room, two utility rooms, three open office bullpens, and five restrooms. One of the private offices is an executive office with a private bathroom and mezzanine office space. The warehouse component measures approximately 2,440 square feet and is swamped cooled. It features one grade-level roll-up door (12’ x 14’) and 800 amps of 120/208 volt, 3-phase power. The building has a clear height of approximately 18 feet and is zoned for General Industrial (M-2). Seventeen surface parking stalls are available, with seven covered. The location offers convenient access to retail and restaurant amenities and is situated 3 miles from the I-15 Freeway and 5.3 miles from the CC-215 Beltway, and is minutes from the North Las Vegas airport. It is also a short drive to Summerlin and less than 15 minutes from downtown Las Vegas. The property is potentially within an opportunity zone.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.37M
NOI $123,371 @ 9.00% cap · cautious / downside scenario
Moderate
$1.76M
NOI $123,371 @ 7.00% cap · market / base-case scenario
Aggressive
$2.47M
NOI $123,371 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $192.4k | $21.60 |
| − Vacancy | −$27.9k | −$3.13 |
| EGI | $164.5k | $18.47 |
| − OpEx | −$41.1k | −$4.62 |
| NOI | $123.4k | $13.85 |
8,907 SF · lease $21.60/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.76M
$1.54M – $2.06M
NOI $123,371 @ 7.0% cap · market cap 5.61%
Second Best
Flex RnD
$1.64M
$1.44M – $1.92M
NOI $115,050 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,727 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Research/Diagnostic Antibodies
Laboratory
Dakem & Associates LLC
Construction Company
Similar Places Nearby
- Fabulous Food — 3560 W Cheyenne Ave, North Las Vegas, NV 89032
Location Insight
- Map
- Local Demand
- City
- North Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.177
- Latitude
- 36.2165
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Two-story office and warehouse in Cheyenne West Corporate Center.
Where is this flex space located?
The property is located at 2645 W Cheyenne Ave North Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: High‑end, two‑story office and warehouse with ±6,242 SF of ultramodern office space.; Convenient location in Cheyenne West Corporate Center with easy freeway access.; Substantial power supply: 800 amps • 120/208 volt • 3‑phase.
